Corporate Diversity Initiatives

Decent Essays
The United States the Securities and Exchange Commission approved rules addressing corporate diversity where publicly held corporations will need to disclose the consideration of diversity initiatives applied in the nomination of board directors. For practical purposes, many of the anti-discrimination initiatives implemented by U.S. corporations must be internally motivated (Collins, 2012). Another initiative is the equal pay for men and women, which has been a critical issue around the world. In January 2009, President Obama signed the Lilly Ledbetter Fair Pay Act to supplement existing pay equity legislation. Under the Act, the statute of limitations in which to bring an equal pay discrimination claim resets after each discriminatory paycheck

Related Documents

  • Great Essays

    Mrs. Ledbetter was not compensated for the injustice, but it brought the case front and center that even after the tragic outcome something good came out of it. On January 29, 2009, President Barack Obama signed The Lilly Ledbetter Fair Pay Act, which stated the 180 days statute of limitations would reset every time an individual received a discriminatory paycheck. It also promoted voluntary compliance by employers, for example, some employers took measures to develop compensation setting criteria, audit pay decisions, review compensation decisions and training for performance evaluation just to name a few. As long as we can recall wage has always been a concern and more for woman since we are still grossing on average 77 cents for every dollar a man earns and that’s not putting in to account if you are Latin or African American doing the same type of work the gap is even larger. As we can tell the problem still exist, but thanks to the Lilly Ledbetter Fair Pay Act, we have a better opportunity to dispute the injustice.…

    • 1630 Words
    • 7 Pages
    Great Essays
  • Superior Essays

    This act ultimately ended a 2007 Supreme Court decision that had refused a female worker to sue the company she worked for regarding a difference in pay due to gender(“From the Archives: President Obama Signs the Lilly Ledbetter Fair Pay Act.”). With the implementation of the Lily Ledbetter Fair Pay Act, it ensured people the right to effectively challenge unjust pay within 180 days of a discriminatory paycheck. President Obama had effectively amended the Civil Rights Act of 1964 (“From the Archives: President Obama Signs the Lilly Ledbetter Fair Pay…

    • 1635 Words
    • 7 Pages
    Superior Essays
  • Decent Essays

    The Lilly Ledbetter Fair Pay Act overturns a 2007 Supreme Court verdict that imposed a time limit on lawsuits female employees could file over discrimination in salary and benefits. Effective immediately, managers in all departments need to first consult with HR before offering any additional (over and above the company compensation structure) salary and benefits to employees. This precaution will avoid any possible lawsuits related to compensation matters under the new act. We will also review the compensation structure of our female employees at all levels. While legal experts and HR professionals are still debating the full extent of the act’s implications, the act allows female employees to legally challenge discrimination in salary and…

    • 228 Words
    • 1 Pages
    Decent Essays
  • Decent Essays

    1)How does the program philosophy address cultural awareness and diversity? Describe the basic elements of this philosophy. My students are young so they are naturally curious about the people around them. The students attempt to formulate a sense of their own identity by defining what makes them different from everyone else. Students usually ask questions on characteristics they see such as skin color or hair.…

    • 172 Words
    • 1 Pages
    Decent Essays
  • Decent Essays

    My background defines who I am and my ambitions. Due to my background I love diversity and seek to create an inclusive society. My love for differences stems my unique family structure and the diversity they raised me in. Two mothers adopted me from China and raised me, one Caucasian, the other multiracial, alongside a brother and sister adopted from Ethiopia. Not only are our ethnicities different, our beliefs are too.…

    • 251 Words
    • 2 Pages
    Decent Essays
  • Improved Essays

    Diversity is not just age, gender, race. it is much more complicated that we can imagine. In my opinion diversity is about our connectedness and our interactions where the lines cross. Diversity is a connection between our professional life and personal life and the framework for interrelationships between people. In the workplace we face employees with different cultural backgrounds, perceptions ,capabilities and disabilities that they bring to their workplace.…

    • 401 Words
    • 2 Pages
    Improved Essays
  • Superior Essays

    Fueled by legislation such as the Equal Pay Act of 1963, the Equal Employment Opportunity Act of 1972, and most recently, the Lilly Ledbetter Fair Pay Act of 2009, many workplaces have developed formal hiring and promotion policies that limit the discretion that often leads to discrimination (Dencker 2008; Diprete and Soule 1988). With 70% of all small businesses operating under a female's leadership and ownership, some social scientist has argued that there is no male bias, demonstrating that much of society has begun to give women the same rights as…

    • 1232 Words
    • 5 Pages
    Superior Essays
  • Improved Essays

    Handbook Policies: 10 Organisation Policy and Cultural Diversity Equality and Diversity The ASG organisation is committed to build relationships with each other as one global team, working together for our customers and our employees. The following principles is the company discipline towards that commitment (Hydrogen specialist recruitment business. (2014). 9.1 Cross cultural Understanding 1.…

    • 738 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    Rationale for Chief Diversity Officers As corporations contend with the changes of globalization, they have long sensed a need for Chief Diversity Officers. Businesses are ahead of higher education by incorporating diversity, making it an inclusive function of the organizational structure (Gose, 2006). In the past decade, colleges have followed suit out of obligation or modernization. The 2003 Supreme Court ruling regarding affirmative action, admission practices at the University of Michigan necessitated the increase for Chief Diversity Officers in higher education (Gose, 2006).…

    • 1255 Words
    • 6 Pages
    Improved Essays
  • Improved Essays

    DeVany identified the fifteen roles that leaders play in order to manage performance and accountability of a team and its members. However, based on experience, one can believe that when working in any specific team environment, the manager cannot conceivably play all these roles at an effective level. Instead, if a team is well organized, the members of the team are also tasked with taking on some of these roles and responsibilities. The first part of managing a team with diverse personalities is knowing which personalities complement each other and the team.…

    • 377 Words
    • 2 Pages
    Improved Essays
  • Improved Essays

    Diversity is valued by some nonprofit organizations, tolerated by others, and its value is questioned by some, but what exactly does this term diversity mean in the context of governance in a board. Diversity goes beyond race or gender in the workplace, but encompasses every aspect of each board member as a form of diversity. While there is no universally agreed upon term to define diversity, the most agreed upon definition consists of “all characteristics and experiences that define each of us as individuals” (Kapoor, 2011). With a definition this comprehensive that encompasses such a wide variety of an individual’s circumstances and ideals, it is often difficult for a nonprofit board to represent the full spectrum of these characteristics,…

    • 1126 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    I have been blessed with many different opportunities in my life to experience diversity through my school, church, and work. Being a part of a church has taught me to always have open arms to anyone that may be different than myself, with that being said my church has introduced me to many different people from all different walks of life. My church also has a large congregation of the Asian culture. Through the many social events of my church I have learned a lot about the Asian culture between their family values, foods, clothing, and gender relations. Working hand and hand with them to serve others has taught me about the differences between our ways of life, but most of all has shown me the similarities between us.…

    • 856 Words
    • 4 Pages
    Improved Essays
  • Superior Essays

    Throughout history, women have been making lower salaries than men. In 1963 an equal pay act was passed, fast-forward 46 years later, the Lilly Ledbetter Fair Pay of 2009 was passed. Then in 2014, President Barack Obama signed two executive orders on equal pay. It is now 2016 and women have not yet achieved equal pay with men. Women 's average yearly salary is still less than men 's. Many have placed the blame on women 's lack of negotiation and personal choices.…

    • 1641 Words
    • 7 Pages
    Superior Essays
  • Improved Essays

    Marketing Segmentation Marketing segmentation is a way for companies to efficiently use marketing dollars to advertise their product to a specific group of customers based upon similar needs or preferences they all share. In the article, Diversity Marketing: Better Targeting of Today’s Shoppers, authors Laura Mandala and Steven Schwadron assert that the use of diversity marketing can help retailers achieve more efficient use of marketing dollars. This paper will discuss the thesis and purpose of the article, explore the key points presented, and review the conclusion and recommendation offered by the authors. Lastly, this paper will offer an assessment on the articles overall quality and usefulness.…

    • 708 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    Challenges with Diversity: Undoubtedly, diversity has played an important role in Marriott’s growth. However, it does become a challenge to organize such a diverse workforce while maintaining high morale. This dilemma is compounded with the attempt to keep employees interested and engaged in their daily tasks. Careful hiring: According to a recent article in Hotelsnewsnow.com, the President and Managing Director of the Middle East/Africa regions for Marriott International said that the biggest challenge faced by hotels, second to geopolitics, is managing their human capital.…

    • 1046 Words
    • 4 Pages
    Improved Essays